Thyssenkrupp steel head prepares staff for 'tough' cuts
- Posted on September 28, 2024
- By Business News Today
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Thyssenkrupp steel head prepares staff for 'tough' cuts
Thyssenkrupp's steel division is preparing for significant layoffs as the company aims to become more profitable. The market situation has worsened, and no recovery is in sight. A new business plan is being developed, and the exact number of job cuts will be determined after negotiations with employee representatives.